KoFIU & SAFIU sign MOU on money laundering prevention



Korea Financial Intelligence Unit(KoFIU) and the Saudi Arabian counterpart signed a MOU for cooperation on anti-money laundering on August 11. Upon signing of the agreement, KoFIU will share and pass on its experiences and know-hows about establishing system for prevention of money laundering. Six officials including Nasser Al-omair, head of Saudi Arabia FIU participated in a two-day workshop held in Korea to learn financial intelligence analysis methods, financial IT system, and anti-money laundering techniques.

KoFIU will further develop a program to share its knowledge and experience on money laundering prevention with countries of the Asia-Pacific region.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s